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20121201
20121231
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, the developments are wii by the hour and our steve centanni is covering all of them. good to see you. >> you, too, jamie. one month until the fiscal cliff and appears to be little movement, but a lot of talk back and forth and the president used a campaign style appearance to appeal directly to the american people and pushed for immediate action to extend bush era tax cuts for everybody except the more wealthy americans. >> right now congress can pass a law that would prevent a tax hike on the first $250,000 of everybody's income, everybody. and that means that 98% of americans and 97% of small businesses wouldn't see their income taxes go up at all. and even the wealthiest americans would get a tax cut on the first $250,000 of their income. >> but republicans led by house speaker john boehner said the president should quit campaigning and take care of business and some suggest that the president is playing a dangerous game of political brinksmanship. >> i think that the democrats and the president view it to their advantage to run the clock out and dangerously close by the end of the year. if th
constitution for that country. one that gave president mohammed morsi new powers. steve harrigan is standing by live in cairo with more. >> remarkable scene in cairo this morning outside egypt supreme constitutional court. to put it simply, the court justices could not get in their own building. the judges will suspend their work while the atmosphere of intimidation physical a mental intimidation exist. the supreme court say they cannot do the work because of the mob around their building. it was likely they would rule on the legitimacy of egypt constitutional assembly. that body pushed through the constitution, the draft on friday. they go for a national referendum, up or down vote on december 15. if the constitution goes through, egypt president morsi says the extreme powers which he declared that he possessed would be void and it would go to normal here in egypt. richard morrison himself has strong public support. we have 200,000 people. mainly members of the muslim brotherhood who support the president come out on the street to show support. loud and emotional way. >> shannon: steve harr
says it cannot operate in what it calls a "climate filled with hatred." steve harrigan live in cairo at the moment with the latest developments. not very encouraging, steve. good morning. >> reporter: certainly not. in a blow to the egypt constitutional court. judges were going to meet today but the building they were going to meet in was surrounded by protesters in favor of the egypt president mohammed morsi. the judges were too concerned about trying to enter the building. they failed to do so. they said they would not meet anymore under the atmosphere of fear and intimidation. to an example of mob rule here. justices building surrounded and the justices failing to meet today. as far as the constitution, pushed through in one night, earlier in the week, it's now set to go to a referendum. nationwide vote on this. december 15. president morsi said those extreme powers which he adopted would be void. perhaps in two weeks time if the constitution is adopted. finally, another show of public support for the president, demonstrators came out here to the university of cairo yesterday. aga
optimism for a deal seems to be fading. steve is live in washington with more. >> reporter: one month away from that so-called fiscal cliff. there appears to be very little movement toward any kind of deal. president obama is using the bully-pulpit to appeal to the american people to push for immediate action to push the tax cuts for everybody except for those earning more than $250,000 a year. in his saturday address, he stressed the urgency of the situation. >> if congress does nothing, every family will see their income taxes automatically go up at the beginning of next year. a typical middle-class family of four will see income taxes rise by $2200. we can't let that happen. a families can't afford it and neither can our economy. >> reporter: republicans led by house speaker john boehner says he should quit campaigning and take care of the business at hand. republicans say they are willing to consider raising more revenue but they want to see spending cuts to go along with it. >> we need to hear they are willing to make spending cuts now, not promises of spending cuts sometime if the fu
unemployed. steve is live in washington. where do we stand at this point? >> reporter: two sides did do something today. they appeared on the sunday talk shows but they haven't negotiated an actual deal. john boehner blasted the white house plan which was put forward last week. boehner says the president essentially wasted the last three weeks since the election with nonsense. >> the president is asking for $1.6 trillion worth of new revenue over ten years, twice as much as he been asking for in public. stimulus spending that exceeded the amount of new cuts he was willing to consider. it was not a serious offer. >> reporter: and boehner says he was flabbergasted when he was given the proposal. >> heather: and democrats are defending themselves? >> treasury-secretary tim geithner on fox news defending the president's plan for raising revenues, cutting spending and reduce the deficit by $4 trillion over the next ten years. he said the ball is in the g.o.p.'s court. >> you have heard them for the first time i think in two decades they are willing to have revenues go up to make a balanced p
it work? national correspondent steve centanni may be the only person left in washington. steve. >> reporter: it feels like it, the president is in hawaii and congress is out of town and the fiscal cliff negotiations are on hold for the holidays with no agreement in sight. john boehner is throwing the ball in the democrats' court saying the debt is too high, spending out of control and taxes should not go up. in the g.o.p.'s weekly address, he accused the president and the democrats of refusing to accept a reasonable compromise. >> the best way to address our crippling debt is to make significant spending cuts and fix our tax code. to pave the way for long term growth and opportunity. this is an approach most americans support and remains republicans' highest priority. but we only run the house. democrats continue to run washington. >> reporter: the president left town for his traditional christmas in hawaii and he and his family arriving there this morning and he has gotten in a round of golf already. before leaving the white house, he stayed back hayes spe-- scal back his expe
to bring this legislation to the floor next week. >> arthel: let's bring in steve centanni with more. >> as you can see, the two sides are taking strong stands on principle, but aren't really getting any closer to a compromise as we speed toward that fiscal cliff. the president hit the road appearing at a pennsylvania toy factory yesterday and appealing for a balanced approach, including spending cuts and new revenues. the president says we could cut taxes for the middle class right now if congress agreed to extend the bush era tax cuts for everybody except those earning more than 250,000 a year. he stressed the urgency of the situation. >> if congress does nothing, every family will see their income taxes automatically go up at the beginning of next year. a family of four will see their income tax rise by $2,200. we can't let that happen. our families can't afford it and neither can our economy. >> republicans, including house speaker john boehner, is staking out a very different position. they're demanding spending cuts to go along with extra revenue and they're opposed to raising
going over the fisical cliff? there is still no deal. steve joins us from washington with the latest on thes. >> hi, uma, the fiscal cliff may be looming. but both sides are pulting the dial on hold. no deal for the tooks . at times it appeared congress was made but not the case this weekend. house speaker john boehner said he is hopeful, but none theless of as the presidentov dubbinging the fiscal issue in the stapped off. boehner delivered the gop. >> the president has offedy will not do anything to solvelet speppeding problem and begins to the crippling debt. he wants more spending and tax hikes and that will hurt our economy . he refuses to challenge the members of his family to deal with entitlementriform and the big issues that are facing our nation. president obama said a deal could be reached but that appears unlikely. he took off for hawaii and landed with his family for a shorter than usual christmas break. he said he is it a hopeless optmist. he is scaling back and pushing for a tax cut for the middle class and calling for compromise. it can only pass from democrats and re
taxpayer feels the pinch. steve centanni, steve is there still any chance some sort of a comprehensive agreement can be reached? >> reporter: it's looking less and less likely. two sides in the did the debate had their say on sunday talk shows. there is a lot of talk and not much action. john boehner called off his public for a plan b, there has been no movement toward any kind of deal and some are saying the president wasn't to avoid that fiscal cliff. >> when i listen to the president, i think the president is eager to go over the cliff for political purposes. he sees a political victory. he gets additional tax revenues and gets to cut the military which democrats have been calling for years. he gets to blame republicans for it. >> reporter: if nothing has done by the end of the year, taxes go up for everybody. >> gregg: will be the president be working on these issues during his christmas holiday in hawaii or is it golf and r&r and spending time with the kids? >> mostly r&r but on friday the president acknowledged there might not be time for any grand bargain. he scaled back for exp
for a commission to look into the issue of mass shootings here in the u.s., steve centanni has details. >> first, a huge outpouring of shock and sympathy here in washington for the families of those killed in newtown. at the same time, some ideas aimed at preventing the same thing from happening again, outgoing senator joe bieberman, independent from contact connect, has this recommendation. >> i think we need a national commission on mass violence. not to -- be in place of anything else -- the president or congress or state governments might want to do. but to make sure that the heartbreak and the anger is not dissipated or lost in legislative gridlock. >> also saying, the strongest gun control laws won't stop all acts of violence. and on the sunday talks, congressman chafits, a republican from utah, says we need to explore what he calls the intersection of lethal weapons and mental health. he says violence and the media are major factors in this equation. >> we have to deal with the new social ramifications of the bombardment and the immediacy of the social intersection between violence, the r
and forth there are signing of a compromise. steve centanni is live in washington. are the two sides any closer together? >> reporter: there are two important signs today. speaker, house speaker john boehner met with president obama at the. we don't know how long they met or exactly what they talked about, but the white house says lines of communication are open and face-to-face meeting is on important. at the same time republicans say they will accept the demands for higher taxes on the wealthy if it goes along with spending cuts entitlements like medicare and social security. listen.... >> a lot of people are putting forth a theory. i think it has merit where you give the president 2% increase he is talking about on the top 2 percent. i am beginning to believe that is the best route for us to take. >> reporter: many other republicans, of course, standing firm against any tax increase. they could give the speaker a hard time if he tries to pass the kind of legislation corker was talking about there. >> and how are the democrats reacting to accept the higher tax rates? >> reporter: they
: national correspondent steve centanni joins us live from washington. >> reporter: d.c. may be some shutting down for christmas but the clock hasn't stopped and fiscal cliff is closer than ever. no deal was reached this week to keep taxes from going up. joan boehner pulled plug on the plan "b" and he says it is now up to the president and g.o.p. is continuing to hammer away at president obama. >> this is the year size of our debt surpassed the our economy. a grim milestone if we don't come to grips to w it. the president's plan to raise tax rates ko could still be as far as eye could see. >> reporter: president obama will return after christmas and work on fiscal issues. he believes a comprehensive deal could be reached but he seems to be acknowledging for scaled back plan for cutting taxes on the middle-class. >> even though democrats and republicans are arguing about whether those rates should go up for the wealthiest individuals, all of us, every single one of us agree that tax rates shouldn't go up for the other 98% of americans which includes 97% of small business. >> reporter: presiden
, the clock is ticking. >> it is, we're watching, steve. thank you very much. >>> much of the conversation in washington regarding the fiscal cliff is focused on tax rates or how the federal government can bring in more revenue from you. what about the other side of the equation? cutting back on spending and borrowing. steve moore joins us to talk about that and separate fact from fiction when it comes to the numbers. >> thank you for asking that question about the spending side of the ledger. the laos two or three weeks the discussion has been about raising taxes and no discussion about reducing the amount -- the outgo. >> let's start there. if we stopped overspending, what would it take for the government to get lined up, to get rid of the debt and deficit. >> we've dug ourselves into a deep hole. when i came to washington we talked about the budget, deficit in the billions, now in the trillions of dollars. part of the problem is the numbers are large but it's a million, million dollars. the debt is $6 trillion and we're borrowing $1.1 trillion a year. the problem the president faces, ev
hope. lawmakers took to the fund shows to defend their positions. steve centanni live with the latest update. >> still no agreement but you plenty of talk as the two sides aired differences in the fiscal cliff delate. after john boehner called off the push for a so called plan b saying the ball is now in the democrat's court there has been no movement towards any kind of deal. the wealthy and republicans want spending cuts. one key republican says what we really need is leadership. >> if you want leaders you have to lead. the president has been a pathetic fiscal leaders. he produced three budgets and can't get one vote for the budget. i would vote for revenues including tax rate hikes even though i i don't like them to save the country from becoming greece. but i am not going to set aside the $1.2 trillion in cuts. >> the president meantime is in hawaii, but he spoke out on the fiscal cliff at the white house on friday before leaving town for christmas. he scaled back his goals for the few remaining days between now and the end of the year. he is focusing now on the middle class tax c
this horrifying crime might inspire in our nation's capital. steve centanni has more on that. >> reporter: shock and sadness in washington, that for sure in the wake of that tragedy in newtown and at the same time some ideas are being floated aimed at preventing the same kind of thing from happening again. out going senator joe lieberman and independent from connecticut has this recommendation. >> i think we need a national commission on mass violence, not to be in place 6 anything else the president or congress or state governments might want to do but to make sure that the heartbreak and the anger that we feel now is not dissipated over time or lost in legislative gridlock. >> reporter: in his call for a national commission. the senator is supported by democratic senator dick durbin of illinois. also on the talk shows, jason a republican of utah says that we need to explore what he calls the intersection of lethal weapons and mental health. he says violence and media are major factors in the equation. >> we also have to deal with the new social ramifications of the bombardment and social inter
taxpayer if the taxpayers can't come to a compromise. steve has more on the part of the grid lock. >> hi, uma. one month away from the critical deadline and there appears to be very little movement to a deal. the president is using the bully pulpit and appeal to the american people and pushing to extend the bush era tax cuts but those making $250,000. a year. democrats want high tax rates for the wealthy. the president stressed the urgency of the situation in the radio address. >> if congress does nothing. every family will see the income taxes go up in the beginning of next year. a family of four will see income taxes rise $2200. we can't let that happen. our families can't afford it and neither can our economy. >> but republicans say the president should quit his campaign mode and come home and take care of business. the latest round of political maneuvering involves pressure from democrats to schedule a vote on the senate plan to extend middle class cuts. but republicans say let's see spending cuts first. >> we need to hear they are willing to make spending cuts now. not promises in t
to put politics aside in the wake of the sandy hook shooting. steve centanni, live in washington with what we can expect. >> reporter: hi, jamie. president obama heading to newtown, connecticut, to offer comfort do the families and the victims in the very tragic shooting here. reacting to the tragedy, here's one sample from a democratic senator. >> this conversation has been dominated in washington by, you know and i know, gun lobbies that have an agenda. we need for people, ordinary americans, to come together and speak out and to sit down and calmly reflect on how far we go. >> reporter: others are pointing out that school security is a big part of the problem and a better system for identifying students with mental problems would be very important as well, especially identifying troubled youth before they could possibly resort to the violent crimes as we saw in newtown, connecticut. joe lieberman is adareicating a commission on mass violence. he also said the entertainment media, often have a detrimental effect on impressionionable teenagers. >> the violence in the entertainme
. good morning, steve. >> good morning, eric. the two sides in the fiscal cliff debate had their say before heading home for christmas, but no deal of course. after house speaker john boehner called off his push for a plan b last week saying the ball is now in the democrats' court. there has been no movement toward any deal. democrats want tax hikes for the wealthy. republicans want spending cuts. and some in the gop say the president doesn't want to avoid the fiscal cliff. >> when i listen to the president, i think the president is eager to go over the cliff for political purposes. i think he sees a political victory at the bottom of the cliff. he gets all of this additional tax revenue for new programs and he gets to cut the military which democrats have been calling for for years and he gets to blame republicans for it. >> president obama for his part said he is optimistic a deal can still be reached. he spoke at the white house friday before leaving for hawaii where he is now. but at the same time the president acknowledging there might not be time for any kind of a grand bargain
of the president and the democrats. and time is running out. will they come up with a solution? steve centanni is following this in washington. >> reporter: yeah, the fiscal cliff may be looming, but both sides have put negotiations on hold for now, to take a christmas holiday. no deal was reached this week to keep taxes from going up for everyone at the end of the year. house speaker john boehner, while saying he's still hopeful a sweeping deal can be reached, he's nonetheless, accusing the president of ignoring a huge problem here. >> this was the year of the size of our debt. all 16 trillion dollars surpassed the size of our entire economy. it's a grim many will have to bear if we don't come to grips with it. the president's solution of raising tax rates would still be red ink for as far as the eye can see he. >> reporter: president obama landed in hawaii this morning for a shorter than usual christmas break. and the white house yesterday, he said he thinks the comprehensive deal could still be reached, but at the same time, pushed for a scaled back plan to cut taxes for the middle class.
Search Results 0 to 20 of about 21 (some duplicates have been removed)

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